Latest Posts

Using Litigation Finance to Get and Retain Clients

Every lawyer is familiar with the constant pressure to find new clients and retain old ones.  In many situations, business development and retention opportunities turn not on the client’s willingness to hire the lawyer but, instead, on the client’s financial…
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The Benefits of Litigation Finance in Bankruptcy

Among its principal benefits, litigation financing is an effective means of spreading risk and maintaining liquidity.  Of course, in bankruptcy cases these virtues have particular value.  No wonder then that one observer has noted that litigation funding should be in…
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Litigation Finance, Crowdfunding, and Public Interest Lawsuits

A British venture provides a method for crowd-sourcing litigation funding, which permits individuals to provide funding to support cases they care about.  The company is CrowdJustice, and it offers another illustration of how litigation finance can promote justice.  In addition,…
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Litigation Financing: A View from the Bench

As more courts recognize the legality of litigation funding, and as more litigants discover its benefits, there are fewer questions about its legitimacy.  One sign of this increasing acceptance is the recent association between a former federal judge and a…
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Of Babies and Bathwater in Kentucky

In a poorly reasoned decision arising from a set of unusual facts, a federal district court in Kentucky recently ruled that litigation funding contracts are void under Kentucky law.  This decision depends upon some profoundly misinformed ideas about how litigation…
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Using Legal Funding for Law Firm Financial Management

When a law firm has a contingency fee practice, it often has a problem with effectively using its capital.  The partners of the firm have to commit their retained earnings and other capital assets to covering the litigation costs associated…
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Portfolio Financing for Law Firms

Third-party legal funding is becoming a more powerful force in the market for legal services, as more and more litigants realize that they can improve their chances in litigation by obtaining non-recourse financing.  But there is more to third-party financing…
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